Funding you earn now, next payment 08:00 UTC+0.0318%/8h= +34.8% APRpaid last 24h −0.014%
Price spread now: Paradex against Bybit+0.054%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Paradex is 0.054% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JTOUSDT | 0.5144 | −0.0221 | get 0.0110% / 4h | 3h 02m | $7.0M | $14.0M | 50x |
| Short | Paradex JTO-USD-PERP | 0.5147 | 0.0097 | get 0.0097% / 8h | 3h 02m | $514 | — | 5x |
Bybit JTOUSDT
Paradex JTO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.75
- Price spread: +0.054% → 0.000%
- $5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $57.13
- Costs to cover
- 0.150%
- Break-even
- 1.0 days
Slippage unknown: Bybit: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 0.97 bp | 27.6 bp −$28 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
JTO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate JTO_USDT | −0.0358% | 8h | 0.5147 | +0.058% | $890K | $1.0M | 75x | as long as short |
| Deribit JTO_USDC-PERPETUAL | −0.0332% | 1h | 0.5148 | +0.078% | $13K | $10K | 10x | as long as short |
| Bybit JTOUSDTlong | −0.0221% | 4h | 0.5144 | long leg | $7.0M | $14.0M | 50x | |
| OKX JTO-USDT-SWAP | −0.0034% | 4h | 0.5143 | −0.019% | $3.9M | $9.3M | 50x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5151 | +0.138% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5540 | +7.689% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.324% | $31 | $43K | 5.5x | as long as short |
| Variational Omni JTO | +0.0094% | 4h | 0.5152 | +0.148% | $221K | $242K | — | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5152 | +0.148% | $117K | $228K | 10x | as long as short |
| Paradex JTO-USD-PERPshort | +0.0097% | 8h | 0.5147 | +0.054% | $514 | — | 5x |
Gate JTO_USDT
Deribit JTO_USDC-PERPETUAL
OKX JTO-USDT-SWAP
dYdX JTO-USD
Reya JTORUSDPERP
Injective JTO/USDC PERP
Variational Omni JTO
Lighter JTOShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid JTO | +0.0100% | 1h | 0.5155 | +0.216% | $7.0M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5146 | +0.043% | $123K | $219K | 10x | as long as short |
| Binance JTOUSDT | +0.0100% | 4h | 0.5142 | −0.039% | $11.2M | $27.6M | 75x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5157 | +0.253% | $56K | $9K | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5147 | +0.058% | $6.1M | $3.5M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5152 | +0.157% | $1.5M | $604K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5145 | +0.019% | $2.4M | $2.3M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5144 | 0.000% | — | $27.5M | — | as long as short |
| Orderly PERP_JTO_USDC_mythos | +0.0100% | 4h | 0.5150 | +0.117% | $4K | $652 | 10x | as long as short |
| Extended JTO-USD | +0.0104% | 1h | 0.5147 | +0.050% | $521K | $2.0M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5151 | +0.143% | $2K | — | 50x | as long as short |
| Phoenix JTO | +0.0310% | 1h | 0.5160 | +0.311% | $381K | $114K | 5x | as long as short |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5145 | +0.019% | $614K | $520K | 75x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0379% | 1h | 0.5153 | +0.170% | $333K | $313K | 25x | as long as short |
| Coinbase International JTO-PERP-INTX | +0.0440% | 1h | 0.5163 | +0.369% | $58K | $137K | 25x | as long as short |
| Backpack JTO_USDC_PERP | +0.0649% | 1h | 0.5155 | +0.206% | $267K | $311K | 10x | as long as short |
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Orderly PERP_JTO_USDC_mythos
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Phoenix JTO
BloFin JTO-USDT
Kraken Futures PF_JTOUSD
Coinbase International JTO-PERP-INTX
Backpack JTO_USDC_PERP